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20110731
20110731
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KTVU (FOX) 1
WBFF (FOX) 1
WTTG (FOX) 1
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Search Results 0 to 4 of about 5 (some duplicates have been removed)
FOX
Jul 31, 2011 9:00am PDT
two key senators. republican jon kyl and democrat dick durbin. we'll hear from the house majority whip, republican kevin mccarthy. also, the recovering economy takes another hit. we'll ask our sunday panel if the debt ceiling standoff has made things worse or if a deal might ease the economic pain. we look back to what a roller coaster of a week it was in washington. all right now on "fox news sunday." hello again from fox news in washington. after a tension-packed day on capitol hill, filled with bitter partisan sniping, both republicans and democrats are now saying significant progress has been made toward a deal that would avert a government default. we'll take a look at the framework of the compromise with two senate leaders and a top house g.o.p. official. but first we begin with the white house view. and gene sperling, the director of the national economic council. director sperling, welcome back to "fox news sunday." >> thank you, bret. >> bret: saturday, the debt ceiling negotiation shifted back to the white house. here is what we are hearing, reporting about a potential deal.
FOX News
Jul 31, 2011 9:00am PDT
ceiling. here is senator jon kyl's take on where things on. >> three months ago the president insisted on a clean debt ceiling extension. clearly we will have a significant amount of spending reductions in this proposal. the second thing was he insisted on revenues as he called them. tax increases. there will not be tax increases in this proposal. >> bottom line, the most liberal members are not going to be happy with the details they hear. some of the tea party folks will not be happy with the details they hear but they are trying to find a compromise and obviously the clock is ticking. >> shannon: thank you very much. what does happen if the nation fails to raise the debt ceiling by the deadline on tuesday? nobody really knows for sure. most experts agree the country may not have enough money to pay all of its bills and that means $23 billion of social security checks set to go out on wednesday could be in jeopardy. bondholders will still get paid but that will come at the expense of unemployment, medicaid and defense spending. and you are looking live at the senate floor. a cloture
Search Results 0 to 4 of about 5 (some duplicates have been removed)